In the just concluded G-20 Summit held in India, President Bola Tinubu got a $14 billion investment from some Indian companies.
The pledge made by the companies happened at the Nigerian-India Presidential Roundtable and Conference in New Delhi.
Tinubu stated in the meeting that Nigeria was a reliable ground for companies to invest in, stating clearly that their companies would get the best return for investment.
Also, a company by the name Indorama Petrochemical Limited pledged $8 billion investment in its fertilizer production expansion and petrochemical facility in Eleme, Rivers State.
Alongside Indorama, another firm named Jindal Steel and Power Limited known as one of India's largest private steel producers also made a pledge of $3 billion following the discussion with Mr President.
That was not all as the President of SkipperSeil Limited, Jitender Sachdeva made a pledge of $1.6 billion towards the establishment of twenty 100MW power generation plants in Northern Nigeria which will amount to 2,000MW in the next four years.
Read more: https://www.investingport.com/tinubu-secures-14bn-proposed-investments-at-g-20-summit/